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Bullboard - Stock Discussion Forum Pieridae Energy Ltd T.PEA

Alternate Symbol(s):  PTOAF

Energy Oil & Gas Integrated
Pieridae Energy Limited is a Canadian energy company. The Company is an upstream producer and midstream custom processor of natural gas, natural gas liquids, condensate, and sulphur from the Canadian Foothills and adjacent areas in Alberta and in northeast British Columbia (BC). It owns and operates three sour gas processing complexes at Waterton, Caroline and Jumping Pound. Its footprint... see more

TSX:PEA - Post Discussion

Pieridae Energy Ltd > Alberta gas price
View:
Post by garnot on Mar 23, 2022 10:24am

Alberta gas price

The Alberta natural gas price is higher than never and with hedging removing it will look good for PEA !
Comment by commonsense9 on Mar 23, 2022 10:51am
Correct. Now they turn a slight profit, instead of grossly massaging the numbers every Quarter. BTW- they made out like bandits in 2020, compared to the market. From being forced to hedge. They were happy at the time to claim it was their own brilliance. So it was a wash. Hedging in 2020 kept them afloat. In 2021 it kept them down.
Comment by hurko5 on Mar 23, 2022 3:15pm
This post has been removed in accordance with Community Policy
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